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Star Diamond Corp T.DIAM

Alternate Symbol(s):  SHGDF

Star Diamond Corporation is a Canada-based company engaged in the acquisition, exploration and development of mineral properties. Its primary asset is its 100% interest in the Fort a la Corne property, which is located in central Saskatchewan. Its Fort a La Corne Diamond Project includes Star and Orion South Kimberlites. These kimberlites are in close proximity to established infrastructure, including paved highways and the electrical power grid. The Star-Orion South Diamond Project is located within the Fort a la Corne diamond district of central Saskatchewan, Canada. These Fort a la Corne mineral dispositions are located in the Fort a la Corne Provincial Forest, approximately 60 kilometers (km) east of Prince Albert, Saskatchewan. It also holds a 100% interest in the Buffalo Hills Diamond Project, located approximately 400 kilometers northwest of Edmonton, Alberta, Canada. The property covers a total of 21 mineral leases covering an area of approximately 4,800 hectares (ha).


TSX:DIAM - Post by User

Comment by Teamramrodon Jul 22, 2024 11:28am
146 Views
Post# 36142714

RE:RE:RE:Strategy

RE:RE:RE:Strategy

Hi Frank 

i love the fact the board is getting more activity.

With the new assessment I'm hoping for an updated NPV for Star and Orion South, they had a lot of information from Rio to plug in. I believe previously it was 6 billion ?? Could we see an increase to 7 or 8 ?. 

Yes I understand this feels very similar to before with dangling the carrot. I would say the difference I'm hoping for is the situation with who's in charge. For years we were just hoping and preying the Rio were our saviour and before that De Beers. Ken wasn't well liked by anyone and was extremely hard to work with.  Ewan is a far better CEO and isn't just trying to sell this to mining companies, he's also including the First Nations and has a specific liaison officer to help. 

Going forward I'm hoping the new assessment increases the share price to a point where we can raise money and get the PFS done. 

just a few thoughts guys. 

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